Yearly Archives: 2017
Northern California Representatives Introduce Bill to Facilitate Construction of Sites Reservoir
Northern California Representatives Doug LaMalfa (R-CA) and John Garamendi (D-CA) announced the introduction of H.R. 1269, which will accelerate the federal review of Sites Reservoir and better position the project for funding under Proposition 1, the voter-approved California water bond designed to make the state’s water systems more resilient. The bill also authorizes the federal government to participate in construction of the project should it be found feasible
Hanley Investment Group Arranges Sale of Rare Five-Acre Fee-Simple Ground Lease on South Lake...
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today the firm completed the sale of a rare fee-simple ground lease underlying The Shops on Lake Avenue retail and parking on South Lake Avenue in Pasadena, Calif. The property is shadow-anchored by Macy’s. The terms of the sale could not be disclosed.
Costa Statement on Initial CVP Water Allocations
The Bureau of Reclamation announced the initial Central Valley Project 2017 Water Supply Allocation for Friant, Eastside and American River division contractors. Rep. Jim Costa (CA-16) released the following statement
Ryan Flautz Named Associate Principal at KTGY Architecture + Planning
International award-winning firm KTGY Architecture + Planning is pleased to announce the promotion of Ryan Flautz to associate principal at KTGY Architecture + Planning. Flautz joined KTGY in 2011 and has more than 25 years of residential design and project management experience. Flautz formerly served as executive director, production in KTGY’s Los Angeles office.
SERIAL ARSONIST ARRAIGNED FOR SETTING MULTIPLE FIRES AT APARTMENT COMPLEX IN FULLERTON
A serial arsonist was arraigned today for setting multiple fires at an apartment complex in Fullerton. Esther Eunjung Cha, 24, Fullerton, is charged with four felony counts of arson of another’s property, two felony counts of attempted arson, one misdemeanor count of possession of a controlled substance, and one misdemeanor count of possession of controlled substance paraphernalia. If convicted, Cha faces a maximum of eight years in state prison and is scheduled for a pre-trial hearing on March 2, 2017. The time and location are to be determined.
Elk Grove Ranks Among Top 20 Cities in the Country to Start a Family
Elk Grove’s s affordability, safety and quality of life amenities have once again placed it among the top cities in the country for young people looking to buy a home and start a family. In a study released this week by LendEDU, an online financial resource site, Elk Grove ranked 18th best city in the country to start a family
GRAND RE-OPENING OF THE SACRAMENTO VALLEY STATION
The City of Sacramento celebrated the grand re-opening of the Sacramento Valley Station downtown at 5th and I streets. The 68,000 square-foot building underwent a complete facelift including the addition of 25,000 square feet of mixed-use leasable space. The new, old station improves the experience for rail and transit users and restores treasured features of the building.
California Introduces 100% Renewable Energy Legislation
With federal climate and clean energy programs facing an uncertain future, California Senate President pro Tempore Kevin de León has introduced legislation to commit the Golden State to meet 100 percent of its electricity needs with renewable energy by 2045
San Diego’s Credit Rating Upgraded, Positioning the City for Lower-Cost Infrastructure Projects
Highlighting the City of San Diego’s strong fiscal practices and healthy local economy, Fitch Ratings has upgraded the City’s credit rating – a move that could lower future borrowing costs for infrastructure projects.
GOVERNOR BROWN TAKES ACTION TO BOLSTER DAM SAFETY AND REPAIR TRANSPORTATION AND WATER INFRASTRUCTURE
With extreme weather putting increasing stress on California's roads, bridges and flood control system, Governor Edmund G. Brown Jr. today announced a series of immediate and longer-term actions to bolster dam safety, improve flood protection and fix the state's aging transportation and water infrastructure
Hanley Investment Group Arranges Sale of 156,000 SF Mixed-Use Retail Center for $62 Million...
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in investment property sales, announced today that the firm arranged the sale of Arcadia Gateway Center, a 156,046-square-foot, mixed-use commercial center comprised of retail, medical and office building
Rep. McNerney Statement on the Confirmation of Scott Pruitt as EPA Administrator
Congressman Jerry McNerney issued the following statement in response to the Senate confirmation of Scott Pruitt as Administrator of the U.S. Environmental Protection Agency. “Any doubt that Mr. Trump would keep his promises to protect the environment were put to an end when he nominated Mr. Pruitt to head the U.S. Environmental Protection Agency (EPA).
Representatives McNerney, DeSaulnier and Thompson to Host Town Hall on Protecting the Affordable Care...
Representatives Jerry McNerney (CA-09), Mark DeSaulnier (CA-11) and Mike Thompson (CA-05) will host a town hall meeting on Saturday, February 18th at 10:30 a.m. in Martinez to discuss the importance of protecting the Affordable Care Act (ACA), Medicare, and Medicaid.
Rep. Paul Cook Introduces Bill to Ban Drone Use That Impedes Firefighting Efforts on...
Rep. Paul Cook (R- Apple Valley) introduced the Wildfire Airspace Protection Act of 2017. This bill will institute a criminal penalty on anyone who launches a drone that interferes with fighting wildfires on federal property.
Royce Highlights Benefits of Covered Agreement
U.S. Representative Ed Royce (R-Calif.), Chairman of the House Foreign Affairs Committee and a senior member of the House Financial Services Committee, highlighted the benefits of enacting a U.S.-EU covered agreement during a Housing and Insurance Subcommittee hearing entitled “Assessing the U.S.-EU Covered Agreement.”
HUD Accepts CRC’s Redlining Complaint Against CIT Group’s OneWest Bank
The California Reinvestment Coalition (CRC) was notified that its redlining complaint against CIT Group has been accepted by the Department of Housing and Urban Development on Monday this week. As a result, HUD will now begin its investigation.
Royce Questions Chair Yellen on Financial System Safety and Soundness
U.S. Representative Ed Royce (R-CA) questioned Chair of the Federal Reserve Board of Governors Janet Yellen on bolstering the safety and soundness of the U.S. financial system through the CHOICE Act and housing finance reform during a House Financial Services Committee hearing entitled "Monetary Policy and the State of the Economy."
Congressman John Garamendi’s Statement on FEMA approval of request for Emergency Declaration for Yuba,...
Congressman John Garamendi (D-Davis, Fairfield, Yuba City) issued the following statement after the Federal Emergency Management Agency (FEMA) approved Governor Jerry Brown’s request for an Emergency Disaster Declaration in response to the Oroville Dam spillway situation and a Major Disaster Declaration as a result of the January storms:
LaMalfa Thanks the President for Disaster Relief Funding
Congressman Doug LaMalfa (R-Richvale) issued the following statement after President Trump declared a federal emergency for the Oroville Dam spillway event as well as the flooding in the state caused by storms in January and February. Yesterday, Congressman LaMalfa and members of the California Delegation sent a letter to the President urging that he declare a Presidential Disaster Declaration of a Major Emergency for the Oroville Dam spillway incident that forced nearly 200,000 residents to evacuate from their homes
Hanley Investment Group Completes Sale of Grocery-Anchored Shopping Center in Upland, Calif. for $17.2...
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm completed the sale of Upland Village, a 60,857-square-foot grocery-anchored shopping center in Upland, Calif. The sale price of $17.2 million represented a cap rate of 5.83 percent, a record low cap rate for a stabilized grocery-anchored shopping center in the Inland Empire.
